- CEO
- Won-Cheol Kim
- Full Time Employees
- 60
- Sector
- Transportation
- Industry
- Trucking
- Address
- Seoul South Korea
- IPO Date
- Dec 10, 1999
- Business
- Yoosung T & S Co., Ltd. is a South Korea-based comprehensive logistics, transportation, and industrial materials company primarily engaged in heavy freight transportation, integrated logistics solutions, steel product distribution, and energy infrastructure operations. Founded in August 1977 and headquartered in Seocho-gu, Seoul, South Korea, the company operates as a key member and corporate affiliate of the Seohee Group, maintaining substantial ownership interests in Seohee Construction Co., Ltd. Yoosung T & S Co., Ltd. primarily serves major domestic heavy industry corporations, infrastructure contractors, steel manufacturers, and industrial shipping clients across South Korea and key international trade corridors.
The company organizes its business activities into integrated logistics, steel trade and distribution, and energy management divisions. Its comprehensive product and service portfolio comprises overland freight transportation, including dedicated trucking for raw steel products, containerized cargo, bulk materials, construction supplies, military assets, and hazardous industrial chemicals via specialized tank lorries; domestic railway logistics, providing specialized bulk railway freight transport for steel coils, billets, slabs, wire rods, and structural pipes; port handling and harbor logistics, including vessel stevedoring, terminal cargo loading and unloading, bonded warehousing, and cross-docking; international freight forwarding, encompassing ocean cargo shipping, air freight coordination, customs clearance brokerage, and specialized oversized project cargo management; third-party logistics (3PL) and supply chain management services, featuring integrated logistics information systems, inventory warehousing, and supply chain consulting; steel processing and commercial distribution, supplying reinforcing bars (rebars), heavy structural plates, H-beams, steel pipes, and custom metal sections; and eco-friendly energy infrastructure, operating compressed natural gas (CNG) and liquefied natural gas (LNG) commercial refueling stations alongside vehicular gas conversion systems.
In recent developments, Yoosung T & S Co., Ltd. has executed strategic corporate and operational adjustments to optimize capital allocation and enhance core business profitability. The company appointed Kim Won-chul as Representative Director and Chief Executive Officer in early 2024 to lead organizational realignment and enhance operational efficiency across its logistics and affiliate networks. Operationally, the company streamlined its corporate portfolio by exiting non-core retail and distribution business units, enabling concentrated resource deployment toward its high-margin steel transportation and multimodal freight contracts with core industrial partners such as POSCO and Hyundai Steel. In addition, Yoosung T & S Co., Ltd. has conducted equity rationalization through the selective divestment of non-core subsidiary shareholdings to reinforce balance sheet resilience, while deepening group-wide supply chain integration with Seohee Construction to capture joint procurement and construction logistics synergies across domestic regional development projects.